Military Lending Act Safe Harbor

In general, the Military Lending Act applies to any type of consumer credit (think Regulation Z) where a member (or dependent) of the military is serving on active duty at the time they become obligated for a loan or line of credit. While financial institutions are allowed to come up with their own method to determine covered borrower status, there are only a couple that provide a safe harbor, as long as a record of the check is retained. These include checking the MLA Database or obtaining a verification via a credit reporting agency.

Kevin explains more in the video.

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Published 2026/03/16

Kevin Edwards

Kevin brings years of experience and a unique perspective on regulatory matters to our clients. A self-proclaimed geek and accredited CRCM, Kevin is also a recovering attorney with experience as in-house counsel for a large regional bank and one of the leading national title insurance providers. For reasons unknown, Kevin decided to leave the safety and serenity of his desk job to seek fortune and glory as a wandering adventurer. Like a bank compliance version of Kwai Chang Caine, The Man with No Name or Don Quixote, he now travels the land seeking to help those in need and righting compliance wrongs, wherever he may find them. Kevin lives in Sioux Falls with his two children, who are surprisingly normal after having endured their father’s vivid imagination for their entire lives. He won’t admit to having any hobbies, because apparently “Regulations never sleep.” (While he does say this in his Batman voice, we’re pretty sure he’s joking.) From the looks of his Facebook page, he likes the outdoors and spending time with his large extended family (who seem like relatively normal people).

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